Author Topic: What are you buying today?  (Read 1385586 times)

boilermaker75

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Re: What are you buying today?
« Reply #3370 on: October 31, 2018, 10:08:51 AM »
globalfinancepartners, I know you have been writing puts for a while, maybe as long as I have. Those BRKB and RHT plays should work out well for you!

Geaux Saints!

Boilermaker, I confess that I stole your ideas again.  Sold BRK 197.5 November 2nd Puts at 1.70 yesterday and Sold RHT November 2nd 170 puts at 2.10 right after you mentioned them...  Still a couple days to go

Looking forward to Saints-Rams!!!

THANKS!


If I did not already have too many open put positions, I would use writing puts to play the IBM all-cash acquisition of RHT. (I probably will after some of my open puts get past expiration.)

For instance, this morning you could have written RHT 170-strike puts with expiration this Friday for $1.50 per share.

Then on Friday you can decide what your play is for the next week.

As long as you're picking up pennies in front of the steam roller, why not just sell $190 strike puts against RHT (2020 expiration)?  Surely the deal won't fall apart.  Seems like less work.

Yes if you think the deal goes through and does so in a reasonable time frame. The reason I like options is that I set the date when the play is over. And if I get put to then I can decide whether to hold to conclusion of the acquisition, or write covered calls.


John Hjorth

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Re: What are you buying today?
« Reply #3371 on: October 31, 2018, 01:30:38 PM »
Added a bit to SCHO.CPH & BAM [in the early hours of both markets] today.

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It's good to read good mood among fellow board members in these volatile days!
”In the race of excellence … there is no finish line.”
-HH Sheikh Mohammed Bin Rashid Al Maktoum, Vice President and Prime Minister of the United Arab Emirates and Ruler of Dubai

frommi

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Re: What are you buying today?
« Reply #3372 on: November 01, 2018, 08:22:11 AM »
Sold CHD (reached my definition of expensive),VTR (reached fair value). Bought more MSM and ENB. Bought back the puts i sold on FB pre earnings. (value collapsed from 6.7$ to 1.3$ in just 3 days!) Sold 145$ puts on FB again with expiration date 12/21/2018.
Hedged currencies this morning into JPY and EUR, but with tight stops. (Stop on EUR is at break even already, so this hedge is essentially free now.)
« Last Edit: November 01, 2018, 08:26:53 AM by frommi »

frommi

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Re: What are you buying today?
« Reply #3373 on: November 02, 2018, 06:41:25 AM »
bought more SYF, looks like an overreaction to the WMT news.

gfp

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Re: What are you buying today?
« Reply #3374 on: November 02, 2018, 06:45:05 AM »
Man, I used to be interested in this company but they are not looking good.  They will lose Sam's when that comes up for renewal and I would not be surprised if Amazon drops them at the first opportunity.  SYF is basically the antithesis of 'relentlessly focused on pleasing the customer.' 

bought more SYF, looks like an overreaction to the WMT news.

frommi

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Re: What are you buying today?
« Reply #3375 on: November 02, 2018, 07:47:08 AM »
Man, I used to be interested in this company but they are not looking good.  They will lose Sam's when that comes up for renewal and I would not be surprised if Amazon drops them at the first opportunity.  SYF is basically the antithesis of 'relentlessly focused on pleasing the customer.' 

bought more SYF, looks like an overreaction to the WMT news.

If it looked rosy, you wouldn`t get it that cheap. But at a 2019 P/E of 6 a lot of bad stuff is already priced into the stock. But its also still a small position for me, a recession next year may derail the investment.

John Hjorth

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Re: What are you buying today?
« Reply #3376 on: November 02, 2018, 11:40:20 PM »
Started tiny positions yesterday in :

LVMUY - LVMH - Moët Hennessey - Louis Vuitton SE [CoBF Investment Ideas topic] [Company Website]. Bought it at its primary market place at Euronext Paris [ticker: MC.PA],
SBRCY - Sberbank of Russia [CoBF Investment Ideas topic] [Company Website]. Bought it at London Stock Exchange [ticker: SBER.L], &
EXO.MI - EXOR N.V. [CoBF Investment Ideas topic] [Company Website].
”In the race of excellence … there is no finish line.”
-HH Sheikh Mohammed Bin Rashid Al Maktoum, Vice President and Prime Minister of the United Arab Emirates and Ruler of Dubai

Spekulatius

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Re: What are you buying today?
« Reply #3377 on: November 03, 2018, 06:42:32 PM »
Man, I used to be interested in this company but they are not looking good.  They will lose Sam's when that comes up for renewal and I would not be surprised if Amazon drops them at the first opportunity.  SYF is basically the antithesis of 'relentlessly focused on pleasing the customer.' 

bought more SYF, looks like an overreaction to the WMT news.

I actually like COF (which has also been weak, probably due to the same issue, as they took over the portfolio from WMT) better, Stock is pretty cheap on a P/E basis (8x?) and their business is more diverse. Bought a few shares as an incentive to get to know the company better.
To be a realist, one has to believe in miracles.

Charlie

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Re: What are you buying today?
« Reply #3378 on: November 04, 2018, 11:36:52 PM »
I bought some more Berkshire shares for my parents with proceeds of Kraft shares sale.  :-\

John Hjorth

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Re: What are you buying today?
« Reply #3379 on: November 05, 2018, 02:03:27 PM »
I've bought trackers in the following companies:

Bolloré SA [CoBF Investment Ideas topic] [Company Website] For my part, ODET.PA has to wait for now,
Ackermans & van Haaren NV [No CoBF Investment Ideas topic so far] [Company Website] [Ticker : ACKB.BR][1],

Sofina SA [No CoBF Investment Ideas topic] [ Company Website ] [Ticker : SOF.BR] Yeah, I get my hair combed here - Financials are only available in French language![1],
HAL Trust [No CoBF Investment Ideas topic]  [Company website] [Ticker : HAL.AS][1], &
Pargesa Holding SA [No CoBF Investment Ideas topic]  [Company Website]  [Ticker : PARG.SWX][2].

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1 H/T & credit wachtwoord for putting these companies on my radar.
2 H/T & credit tom for putting this company on my radar. Link to tom's post about it - perhaps tom will cringe even more now [ : - D ].
« Last Edit: November 05, 2018, 02:09:17 PM by John Hjorth »
”In the race of excellence … there is no finish line.”
-HH Sheikh Mohammed Bin Rashid Al Maktoum, Vice President and Prime Minister of the United Arab Emirates and Ruler of Dubai